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Author: Sarah Ludington and Mitu Gulati

Our hope for those who are working to promote the legal concept of odious debt—whatever their political stripe or ecumenical affiliation—is that our exploration of Sack’s life will serve to lessen the focus on Sack and his theory in a way that will redound to the benefit of the movement. The emphasis on Sack’s résumé has had two negative...

Those of you who follow the literature and debate about odious debts forgiveness have probably noted the frequent mention of Alexander Sack, who is credited with authoring the doctrine of odious debts in his 1927 treatise on the subject of sovereign debt partition: Les Effets des transformations des Etats sur leurs dettes publiques et autres obligations financiers. Sack is...